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Google loses fight over record $4.7B EU antitrust fine

cnbc.com

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Re: Google loses fight over record $4.7B EU antitrust fine

#4
“Android provides more choice for everyone and supports thousands of businesses. This judgment fails to recognize our significant investment to ensure Android remains open, interoperable and free,” a Google spokesperson told CNBC.

Sure. Which is why alternative stores like F-Droid are under threat now.

https://keepandroidopen.org/

Re: Google loses fight over record $4.7B EU antitrust fine

#8
> the U.S. ambassador to the EU Andrew Puzder told CNBC that Europe “can’t over regulate” and hit companies with “huge fines” if it is going to participate in the AI economy

I love how the US will just let companies walk all over their citizens and then criticize others for not letting it happen. "Please think of the poor multi billion dollar companies".

Re: Google loses fight over record $4.7B EU antitrust fine

#10

These are basically meant as tarriffs, right?

No, these are anti-trust fines. If you want to participate in the EU zone, you can't have monopolistic behaviors. It might sound strange for the US, but you can't simply corner a market and then claim it's innovation and 'good for the customer'. The EU has a LONG history of these regulations, it's nothing new but the more rich a company becomes the more these fines are just the price of doing business.

Instead, here's a wild take. Why don't they just follow the regulations and continue to make profits.

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